With millions of marijuana dollars already flowing through US and Canadian stock exchanges, new funds and investors entering the space, and the excitement around the increased legalization of recreational marijuana, we’re seeing a strong appetite among global investors to invest in the US cannabis market.
Even though California will finally begin allowing the sale of recreational marijuana on January 1st, 2018, a lot of people are very nervous about how that is going to go. The state has had a largely unsupervised medical cannabis program in place since 1996
Marijuana is a social drug, so its only natural that marijuana lounges and social clubs are appealing to people. In some states, marijuana lounges are needed because visitors who legally purchase recreational cannabis may not have a legal place to consume it
With recreational marijuana sales set to begin in Massachusetts over the summer and incoming New Jersey governor Phil Murphy poised to legalize pot as quickly as possible, there’s a good chance that hundreds of thousands of New Yorkers
Vermont made history today by becoming the first state to legalize recreational marijuana through a legislative process, as opposed to voter initiative. Vermont Governor Phil Scott (R) signed into law House Bill 511, which makes it legal for adults over 21 to possess up to one ounce of cannabis or five grams of hash, and removes penalties for possession and cultivation of up to two mature marijuana plants and up to four immature plants and home. Read more
2017 has been a tremendous year for the cannabis industry, leaving us with a lot to be thankful for this holiday season. Tax revenue from retail marijuana sales is supporting state infrastructure and education, marijuana arrests are down nationally, cannabis technology companies across all verticals are seeing increased traction and investment, and more Americans than ever are in favor of marijuana legalization and regulation.